Strange Story Of The Day: At least three patients died on Wednesday after hundreds of lawyers besieged a cardiac hospital in Lahore, Pakistan, for hours — attacking doctors, guards and other staff and setting several vehicles ablaze, officials said.The origins of the clash are not entirely clear, but it seems to stem from a scuffle last month between doctors and a lawyer that was captured on surveillance video. Since then, lawyers have been demanding some kind of action against the doctors, and on Wednesday that culminated in the brutal attack.Reuters reported, “lawyers were particularly angry about the doctors disseminating a mobile phone video on social media showing the beating” of a lawyer by doctors after he refused to wait in line.
Surprising No One: The memo notes that the move terminating emerging managers, who are often minority-owned or women-owned enterprises, “could receive media or legislative attention.”The $380 billion pension system, the largest in the US, has faced criticism going back more than a decade by some legislators for not having enough diverse money managers on its roster.In response, CalPERS launched new initiatives to hire a more diverse base of managers, including hosting diversity conferences with the California State Teachers’ Retirement System (CalSTRS).However, the Frost memo indicates that emerging managers, which also included some newer managers who were not women or minorities, underperformed their benchmark on an even greater basis than the traditional equity managers.
Or What?: In a rare public order issued Tuesday, the Foreign Intelligence Surveillance Court condemned the FBI for the errors and omissions in its application to surveil Trump-campaign adviser Carter Page and gave the bureau until January 10th to propose reforms to prevent future abuses.
